Italy Economic Statistics and Indicators

31, Oct 2020, EDT. Welcome to the Italy economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Italy › Change country
National or Regional Currency: Euro, EUR
Year of data: 2015 › Change year
Number of Indicators Listed: 42
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 61,680,122 (July 2014 est.)
Area: total: 301,340 sq km ; land: 294,140 sq km ; water: 7,200 sq km ; note: includes Sardinia and Sicily
Natural Resources: coal, mercury, zinc, potash, marble, barite, asbestos, pumice, fluorspar, feldspar, pyrite (sulfur), natural gas and crude oil reserves, fish, arable land
Capital: name: Rome ; geographic coordinates: 41 54 N, 12 29 E ; time difference: UTC+1 (6 hours ahead of Washington, DC, during Standard Time) ; daylight saving time: +1hr, begins last Sunday in March; ends last Sunday in October

Italy has a diversified industrial economy, which is divided into a developed industrial north, dominated by private companies, and a less-developed, highly subsidized, agricultural south, where unemployment is higher. The Italian economy is driven in large part by the manufacture of high-quality consumer goods produced by small and medium-sized enterprises, many of them family-owned. Italy also has a sizable underground economy, which by some estimates accounts for as much as 17% of GDP. These activities are most common within the agriculture, construction, and service sectors. Italy is the third-largest economy in the euro-zone, but its exceptionally high public debt and structural impediments to growth have rendered it vulnerable to scrutiny by financial markets. Public debt has increased steadily since 2007, topping 133% of GDP in 2013, but investor concerns about Italy and the broader euro-zone crisis eased in 2013, bringing down Italy's borrowing costs on sovereign government debt from euro-era records. The government still faces pressure from investors and European partners to sustain its efforts to address Italy's long-standing structural impediments to growth, such as labor market inefficiencies and widespread tax evasion. In 2013 economic growth and labor market conditions deteriorated, with growth at -1.8% and unemployment rising to 12.4%, with youth unemployment around 40%. Italy's GDP is now 8% below its 2007 pre-crisis level.
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GDP (Constant Prices, National Currency) for Italy in year 2015 is EUR 1,547.23 Billion.

GDP Growth (Constant Prices, National Currency) for Italy in year 2015 is 0.76 %.

GDP (Current Prices, National Currency) for Italy in year 2015 is EUR 1,636.37 Billion.

GDP (Current Prices, US Dollars) for Italy in year 2015 is US$ 1,815.76 Billion.

GDP Deflator for Italy in year 2015 is 105.761 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Italy in year 2015 is EUR 25,449.75 .

GDP Per Capita (Current Prices, National Currency) for Italy in year 2015 is EUR 26,915.92 .

GDP Per Capita (Current Prices, US Dollars) for Italy in year 2015 is US$ 29,866.58 .

Output Gap, Percent of Potential GDP for Italy in year 2015 is -3.32 %.

GDP (PPP), US Dollars for Italy in year 2015 is US$ 2,170.91 Billion.

GDP Per Capita (PPP), US Dollars for Italy in year 2015 is US$ 35,708.31 .

GDP Share of World Total (PPP) for Italy in year 2015 is 1.912 %.

Implied PPP Conversion Rate for Italy in year 2015 is 0.754 .

Investment (% of GDP) for Italy in year 2015 is 16.766 %.

Gross National Savings (% of GDP) for Italy in year 2015 is 18.911 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Italy in year 2015 is 99.992 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Italy in year 2015 is 0.108 %.

Inflation, End of Year (Indexed to Year 2000) for Italy in year 2015 is 120.1 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Italy in year 2015 is 0.083 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Italy in year 2015 is 5.962 %.

Import Volumes of Goods Only (Percent Change) for Italy in year 2015 is 8.14 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Italy in year 2015 is 4.293 %.

Export Volumes of Goods Only (Percent Change) for Italy in year 2015 is 4.431 %.

Unemployment Rate (% of Labour Force) for Italy in year 2015 is 11.892 %.

Employment for Italy in year 2015 is 22.465 Million .

Population for Italy in year 2015 is 60.796 Million .

General government revenue (National Currency) for Italy in year 2015 is EUR 781.568 Billions.

General government revenue (% of GDP) for Italy in year 2015 is 47.762 %.

General government total expenditure (National Currency) for Italy in year 2015 is EUR 824.669 Billions.

General government total expenditure (% of GDP) for Italy in year 2015 is 50.396 %.

Total Government Net Lending/ Borrowing (National Currency) for Italy in year 2015 is EUR -43.101 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Italy in year 2015 is -2.634 %.

General Government Structural Balance (National Currency) for Italy in year 2015 is EUR -14.271 Billion.

General Government Structural Balance (% Potential GDP) for Italy in year 2015 is -0.843 %.

Fiscal Year Gross Domestic Product, Current Prices for Italy in year 2015 is EUR 1,636.37 Billions.

Current Account Balance (US Dollars) for Italy in year 2015 is US$ 38.737 Billion.

Current Account Balance (% GDP) for Italy in year 2015 is 2.133 %.